NBS Bank (MSW:NBS) Credit Losses Provision : MWK0 Mil (As of Jun. 2023)

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What is NBS Bank Credit Losses Provision?

NBS Bank's credit losses provision for the six months ended in Jun. 2023 was MWK0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2023 was MWK0 Mil.

NBS Bank Credit Losses Provision Historical Data

The historical data trend for NBS Bank's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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NBS Bank Credit Losses Provision Chart

NBS Bank Annual Data

Trend

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Credit Losses Provision

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NBS Bank Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Credit Losses Provision	Get a 7-Day Free Trial										-	-	-	-	-

NBS Bank Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was MWK0 Mil.

NBS Bank (MSW:NBS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NBS Bank PLC (MSW:NBS) » Definitions » Credit Losses Provision

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Address

Corner Chipembere Highway & Johnstone Roads, NBS House, PO Box 32251, Chichiri, Ginnery Corner, Blantyre, MWI

Website

https://www.nbs.mw

NBS Bank PLC is primarily involved in commercial banking, covering corporate and retail banking and treasury management. Services offered by the bank include current account, saving account, investment, loans, international trades, and internet banking. The company segments are divided into geographical areas including Northern region, Central region and the Southern region. Its branches are spread across Malawi.

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